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The Latest Breaking News from India

RBI MPC Meeting 2026: Sanjay Malhotra & co warn weak monsoon could stir food inflation despite price stability

RBI monetary policy meeting: India's monsoon season is critical for farms and prices. A weak monsoon could impact crop yields and raise food costs. The Reserve Bank of India is watching weather closely. Inflation has already risen slightly. Experts warn of price pressures from rain, energy, and currency. Monsoon outcomes…

The Economic Times

Govt scraps capital gains tax on foreign investment in bonds

India has eliminated long-term capital gains tax on FII investments in government securities, effective April 1, 2026, to attract foreign capital and support the rupee. The RBI also expanded the Fully Accessible Route for government bonds and raised investment limits for NRIs and OCIs to boost foreign portfolio investments amid…

The Economic Times

MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay Malhotra

India's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. Despite recent declines, reserves remain sufficient for imports and external debt. Policy reforms and trade agreements are expected to boost the economy. India is well-positioned to handle global…

The Economic Times

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'5th Gen tech, best in the world...': Putin says Russia open to jointly developing Su-57 with India

Russia's President Vladimir Putin says Moscow is open to cooperating with India on the Su-57 stealth fighter jet. This includes supplying the aircraft and joint development, deepening defence ties. Putin praised India's independent foreign policy and highlighted the long-standing strategic partnership between the two nations.

The Economic Times

RBI Inflation FY2026-27: The inflation battle is back as RBI raises FY27 forecast to 5.1% amid West Asia war

RBI Inflation 2026-27 Forecast: The Reserve Bank of India has raised its inflation forecast for fiscal year 2026-27. This revision reflects rising food prices and ongoing global uncertainties. The central bank has paused its repo rate decision. Higher crude oil prices and supply chain issues are complicating the inflation outlook.…

The Economic Times

RBI GDP growth 2026-27: Forecast cut to 6.6% as oil, war and subpar monsoon risks mount

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes amid concerns over global conflicts, energy prices, and weather. The central bank has maintained the key interest rate at 5.25 percent. India's economy shows resilience, but future…

The Economic Times

Born and died on same date: Kerala man killed in Sharjah after TikTok dispute turns into fatal attack

An Indian expat's tragic death in Sharjah, allegedly after a TikTok dispute, is marked by a haunting coincidence: his death date, May 31, was also his official birthday. The 40-year-old was stabbed following an online argument that escalated to a real-world confrontation. Police swiftly arrested suspects, warning against online conflicts…

The Economic Times

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Why the RBI kept rates unchanged amid oil, rupee and geopolitical pressures

RBI Repo Rate: The Reserve Bank of India has maintained its key interest rate at 5.25%. This decision prioritizes economic growth as inflation remains below the central bank's target. Despite rising oil prices and a weaker rupee, consumer price pressures are contained. Policymakers are monitoring global developments and will assess…

The Economic Times

India condemns attack on United Nations peacekeepers in Lebanon, calls for immediate investigation and accountability

India has strongly condemned an attack on United Nations peacekeepers in Lebanon. A Serbian Blue Helmet was killed and two others were injured. India is calling for a thorough investigation to bring those responsible to justice. The nation also stressed the importance of ensuring the safety of UN peacekeepers. This…

The Economic Times

RBI MPC Meeting 2026: Sanjay Malhotra & Co hold rates steady at 5.25% as oil shock, weak rupee & West Asia war cloud outlook

RBI Monetary Policy Meeting 2026: The Reserve Bank of India maintained the repo rate at 5.25%, balancing inflation risks from rising crude oil prices and a weakening rupee against the need to support economic growth. The decision comes amid geopolitical tensions and concerns over a below-normal monsoon, with the central…

The Economic Times

Delhi’s ‘cleanest May in 5 years’ is a toxic illusion

This May, Delhi recorded a monthly average AQI of 156, its cleanest in five years. The Central Pollution Control Board considers this ‘moderate’ air quality, but European standards would call it unhealthy.

Newslaundry

RBI MPC key takeaways: Here are the major announcements by Governor Sanjay Malhotra on GDP, inflation and repo rate

RBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo rate at 5.25%. The central bank also kept its policy stance neutral. This decision comes as India navigates a challenging global economic landscape. The RBI remains confident in India's ability to manage these…

The Economic Times

India set to hike biogas prices, subsidies under new program

India is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies will encourage new plant development. This initiative aims to reduce carbon emissions and reliance on imported fossil fuels. The policy seeks to expand operational biogas plants from around 200 to 700.

The Economic Times

CMR Green Technologies IPO Day 3: Issue booked over 127 times on strong QIB demand; 40% GMP signals strong listing premium

CMR Green Technologies' IPO saw a strong subscription of 127 times, with QIBs leading the demand. The issue, an offer-for-sale, garnered a grey market premium of nearly 37%, indicating a potential listing price of Rs 262. The company is India's largest non-ferrous metal recycler, poised to benefit from sustainable manufacturing…

The Economic Times

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The Economic Times

Market wrap: Sensex falls 117 points, Nifty closes below 23,400 after RBI MPC meeting outcome. What lies ahead?

Indian stock markets erased morning gains, with Sensex and Nifty closing lower following the RBI's hawkish stance and a wait-and-watch approach. Despite falling oil prices and Treasury yields, the central bank kept the repo rate unchanged at 5.25%, while the rupee saw a significant gain against the US dollar.

The Times of India

Putin's word of caution on India-China ties; rejects notion that Pakistan is under Beijing's control

Russian President Vladimir Putin stated Moscow will not interfere in India-China relations, expressing confidence in Prime Minister Modi and President Xi resolving border disputes. Putin emphasized Russia's strong ties with both nations, asserting that its relationships do not negatively impact each other. He also highlighted potential defense cooperation with India.

The Economic Times

India to launch E85 fuel today in push for flex fuel mobility

India is launching E85 fuel on Friday. This is an 80-85% ethanol-blended petrol. The move aims to boost flex fuel mobility across the nation. Minister Hardeep Singh Puri will attend the launch event in New Delhi. Automakers like Maruti Suzuki and Hero MotoCorp are already introducing flex fuel vehicle variants.

The Independent UK

Air India crash report: When will it be released, and what can we expect it to reveal?

Grieving families await answers as investigators prepare to release their report ahead of the tragedy’s one-year anniversary

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The Economic Times

Talent fight heats up in India finance hub as two chiefs quit

GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence,…

Bangkok Post

India's IndiGo cuts six international routes, including Krabi

IndiGo, India's largest airline, on Thursday said it would suspend operations to six international destinations, including Krabi, citing higher operating costs and broader pressure from continued airspace restrictions.

MyLifeXP

What Makes This Hanuman Temple Different From All Others?

Across India, countless temples are dedicated to Lord Hanuman. Yet, there is one temple in Tamil Nadu that continues to amaze devotees with a tradition unlike any other. Imagine arriving at a temple on a Saturday and finding Hanuman Ji adorned in a completely different divine form than the week…

The Guardian - AU

‘Unpredictable and extreme’: Asia braces for El Niño

Weather models project a potentially strong El Niño this year, which could spell disaster for heatwave-hit India, drench China and hurt agriculture across south-east Asia

The Economic Times

India gold prices soar 4.1% in May despite decline in global prices: World Gold Council

Indian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local currency weakness and policy adjustments contributed to the gains. The World Gold Council report highlights India's resilience amidst geopolitical tensions and market volatility. Demand from India and other…

The Economic Times

RBI MPC Meeting 2026 Date and Time: When will Governor Sanjay Malhotra announce policy decision? Here's how to watch live streaming

RBI MPC Meeting June 2026: All eyes are on the Reserve Bank of India today as Governor Sanjay Malhotra announces the Monetary Policy Committee's decision. This crucial announcement will reveal the central bank's stance on interest rates and inflation. Investors are keenly awaiting signals on economic growth and stability amidst…

The Economic Times

Putin hails New Delhi as 'reliable partner'; blasts West over 'detrimental' interference in India-Russia ties

Russian President Vladimir Putin stated Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce cooperation with Russia is counterproductive. Putin praised India's economic growth and independent foreign policy. He expressed confidence in increasing bilateral trade. Russia sees India as a reliable partner…

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